Adviser for finance and commerce ministries Salehuddin Ahmed on Thursday said that the government will form a taskforce to recover laundered money.
"Action has been taken against default loans . . . banks with issues are being reorganised, and the liquidity problem was addressed by the governor," he said while talking to reporters after a meeting with representatives of buying houses at his secretariat office, reports BSS.
Salehuddin, however, mentioned that prices of essential goods will decrease within a few months.
When asked about the visible reforms since he took office, the adviser said, "Of course, there have been visible changes as many things are evident."
Regarding trade and commerce, the adviser said, "We have reduced the duty on potatoes and onions, and instructions have been given to ensure their supply."
He also talked about monitoring kitchen markets, supplies and prices.
Earlier in the day, the National Board of Revenue (NBR) reduced taxes on the import of onions and potatoes to increase supply and curb rising prices.
The customs authority lowered the tariff on onion imports to five per cent and on potatoes to 15 per cent, which will remain effective until November 30.
"The NBR expects that the prices of both items will come to tolerable levels following the reduction in import duties," said the revenue authority in a statement.
Govt won't allow wasting public money
Science and Technology Adviser Salehuddin also said that the government will not allow wasting public money anymore.
"The government has urged the International Monetary Fund (IMF) to sanction $3 billion in financial assistance. Everyone should be aware so that this money is not misused. A lot of money was wasted in the past. Public money will no longer be allowed to be wasted," he said.
The adviser said in a meeting with chiefs of different departments under the Ministry of Science and Technology at the ministry's conference room in Dhaka, said a press release.
Salehuddin said the use of science and technology in the country's development is very important.
"Development will not be meaningful if the output of scientific research is not useful," he added.
He asked the officials to work to accelerate the country's development. Among others, Ministry of Science and Technology Senior Secretary Md Mokabbir Hossain attended the meeting.
